Freeport City levied property taxes of $8,000,000, 2% of which is expected to be uncollectible. Prior to this new levy, the county still had $ 150,000 of uncollected taxes from previous years. How much should be reported as Taxes Receivable after the new levy has been recorded?

A.

$7,990,000.

B.

$7,840,000.

C.

$8,150,000.

D.

$8,000,000.